B1 Vocabulary

B1Money12 min

Money and spending

Learn words for managing everyday money, such as budget, afford, borrow, lend, owe and bargain.

Talking about money is part of everyday life: planning what to spend, saving for something special, paying bills or lending money to a friend. These words will help you discuss how you manage your money.

budgetnoun
a plan of how much money you will spend and on whatWe're on a tight budget this month, so we're cooking at home.
spendverb
use money to buy thingsHow much do you spend on food each week?
saveverb
keep money so that you can use it laterLena is saving for a new laptop.
affordverb
have enough money to pay for somethingWe can't afford a holiday this year.
borrowverb
take something, such as money, that you will give back laterCan I borrow ten dollars until Friday?
lendverb
give something to someone that they will give back laterMy brother lent me his bike for the weekend.
oweverb
need to pay money back to someoneI still owe Kofi twenty dollars for the tickets.
debtnoun
money that you oweIt took them five years to pay off their debt.
billnoun
a document that shows how much you must pay for something, such as electricityThe electricity bill was higher than usual this winter.
bargainnoun
something you buy for less than its usual priceThis coat was a real bargain: only half price.
worth itphrase
good or useful enough for the money or effort you spentThe tickets were expensive, but the show was worth it.
incomenoun
money that you receive regularly, for example from workAbout a third of their income goes on rent.

Exercise 1 of 2

Choose the money word

Choose the best answer.

  1. Could you _____ me your umbrella? I'll give it back tomorrow.

  2. Can I _____ your calculator for a minute?

  3. A bargain is _____.

  4. I'd love that bike, but I can't _____ it. It's too expensive.

  5. You lent me 50 dollars last month and I gave you 30 back. I still _____ you 20 dollars.

  6. Mina writes down how much she will spend on rent, food and travel each month. She has a _____.

  7. Which of these is a bill?

  8. The trip cost a lot, but we had an amazing time. It was _____.

0 of 8 answered

Exercise 2 of 2

Complete the money sentences

Type one word in each gap. Use each word once and change the form if needed. Use: afford, bill, borrow, debt, income, save, spend.

  1. Last month I 300 dollars from my sister to fix my car.

  2. How much do you on clothes every month?

  3. If you a little every week, you'll have enough for a holiday by summer.

  4. It took Jamal three years to pay off his to the bank.

  5. Since Sofia changed jobs, her monthly has almost doubled.

  6. We can't to eat in restaurants every week.

  7. The water arrived this morning. We have to pay 45 dollars by the 10th.

0 of 7 answered

Source

Original lesson by Joy English.

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